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Oneworld: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

Oneworld

BE 0680.957.123
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,453
2024 · €11,445-€1,992
Equity
-€16,957
2024 · -€26,410+€9,453
Cash
€21,583
2024 · €10,870+€10,713
Balance sheet total
€39,789
2024 · €25,228+€14,561

Largest movements

2024 to 2025
Assets
  • Cash +€10,713

    up €10,713 (+98.6%), from €10,870 to €21,583

    mainly Net result for the year (+€9,453) and Tax, wage and social debts (+€7,974)

  • Tangible fixed assets +€6,397

    up €6,397 (+101.7%), from €6,288 to €12,685

  • Receivables within one year -€2,577

    down €2,577 (-33.6%), from €7,675 to €5,098

    of which Trade receivables: -€5,305

Equity and liabilities
  • Profit (loss) carried forward +€9,453

    up €9,453 (+21.0%), from -€45,010 to -€35,557

  • Tax, wage and social debts +€7,974

    up €7,974 (+91.1%), from €8,753 to €16,727

    of which Taxes: +€6,574

  • Other debts -€2,697

    down €2,697 (-6.4%), from €42,450 to €39,753

Income statement
  • Gross operating margin -€5,832

    down €5,832 (-29.9%), from €19,497 to €13,665

  • Taxes -€3,903

    no longer reported in 2025 (was €3,903)

  • Depreciation +€796

    up €796 (+25.8%), from €3,090 to €3,886

  • Other operating charges -€663

    down €663 (-75.1%), from €883 to €220

From the 2024 result to the 2025 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2024 €11,445
Gross operating margin -€5,832
Depreciation -€796
Other operating charges +€663
Financial income +€4
Financial charges +€66
Taxes +€3,903
Result 2025 €9,453

Cash bridge derived

cash 2024 to 2025

Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€20,996
Investment -€10,283
Financing €0
Cash 2024 €10,870
Net result for the year +€9,453
Depreciation +€3,886
Receivables within one year +€2,577
Deferred charges and accrued income -€28
Trade debts -€169
Tax, wage and social debts +€7,974
Other debts -€2,697
Investment in fixed assets (net) -€10,283
Cash 2025 €21,583
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €25,228 €39,789 +€14,561 +57.7%
Fixed assets 21/28 €6,288 €12,685 +€6,397 +101.7%
Tangible fixed assets 22/27 €6,288 €12,685 +€6,397 +101.7%
Plant, machinery and equipment 23 €6,288 €12,685 +€6,397 +101.7%
Current assets 29/58 €18,940 €27,104 +€8,164 +43.1%
Amounts receivable within one year 40/41 €7,675 €5,098 -€2,577 -33.6%
Trade receivables 40 €7,675 €2,370 -€5,305 -69.1%
Other amounts receivable 41 - €2,728 +€2,728
Cash at bank and in hand 54/58 €10,870 €21,583 +€10,713 +98.6%
Deferred charges and accrued income 490/1 €395 €423 +€28 +7.1%
Total equity and liabilities 10/49 €25,228 €39,789 +€14,561 +57.7%
Equity 10/15 -€26,410 -€16,957 +€9,453 +35.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€45,010 -€35,557 +€9,453 +21.0%
Amounts payable 17/49 €51,638 €56,746 +€5,108 +9.9%
Amounts payable within one year 42/48 €51,638 €56,746 +€5,108 +9.9%
Trade debts 44 €435 €266 -€169 -38.9%
Suppliers 440/4 €435 €266 -€169 -38.9%
Taxes, remuneration and social security 45 €8,753 €16,727 +€7,974 +91.1%
Taxes 450/3 €7,353 €13,927 +€6,574 +89.4%
Remuneration and social security 454/9 €1,400 €2,800 +€1,400 +100.0%
Other amounts payable 47/48 €42,450 €39,753 -€2,697 -6.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,090 €3,886 +€796 +25.8%
Other operating charges 640/8 €883 €220 -€663 -75.1%
Gross operating margin 9900 €19,497 €13,665 -€5,832 -29.9%
Operating profit (loss) 9901 €15,524 €9,559 -€5,965 -38.4%
Financial income 75/76B €16 €20 +€4 +25.0%
Recurring financial income 75 €16 €20 +€4 +25.0%
Financial charges 65/66B €192 €126 -€66 -34.4%
Recurring financial charges 65 €192 €126 -€66 -34.4%
Profit (loss) for the period before taxes 9903 €15,348 €9,453 -€5,895 -38.4%
Income taxes 67/77 €3,903 - -€3,903
Profit (loss) for the period 9904 €11,445 €9,453 -€1,992 -17.4%
Profit (loss) for the period to be appropriated 9905 €11,445 €9,453 -€1,992 -17.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.